Price: $1,485,000
Location: Miami
Industry: Equipment Rental and Dealers
Listing ID: 427346840
Listing Status: New
Preeminent South Florida event designer & rental company providing couture table linen designs, tabletop decor and other rental items to the special event industry.
For over 20 years., the Company has collaborated with top celebrity event planners, an elite collection of prestigious venues, luxury hotels, high end restaurants, acclaimed caterers, and prominent floral designers in creating the ultimate look and feel for unforgettable weddings and events.
Distinctive fabrics to add glamour and sophistication for a modern or a vintage ambiance.
Rentals of tablecloth, napkins, charger plates, luxury chairs, furniture, pillows, and draping options, the finest glassware, flatware, and dinnerware, providing the best table decor for any event, ranging in size from twenty up to 1,000 guests, in Miami or any location Nationwide.
With over $ 600,000 in existing rental inventory, luxury showroom and meeting areas, the Company has great reputation, recognition, and branding among all south Florida event industry.
All systems/inventory control software with expert staff capable of producing from boutique to large-scale events. Turn-key opportunity with proven history, includes large social media presence, A-list clientele, always updated and refreshed webpage with great online ranking, presence, and exposure as well as a highly rated in social media!
Excellent location with a reasonable lease. Prequalified for SBA guaranteed bank financing.
Pristine book and records.
Down Payment: $300,000
Total Sales: $1,460,766
Cash Flow: $449,730
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE: $95,000
FFE Included: Yes
Inventory: $600,000
Inventory Included: Yes
Year Established: 20
Year of last Acquisition: 20
Days & Hours of Operation: mon-fri 8.00-5.00
Owner Hours Per Week: 40
Non-Owner Payroll: N/A
Employees: 6
Managers: 1
Absentee Owner: No
Lease Option: 5 years
Real Estate: N/A
Real Estate Included: No
Monthly Rent: N/A
Franchise: No
Reason For Sale: Family reasons. The seller is raising her two kids.
Training & Support: 4 weeks no cost